March 08 2010



Another Foreclosure Alternative

With short sales beyond the reach of some homeowners, another foreclosure different is emerging: “deeds in lieu of foreclosure.”



March 06 2010



Consumer Groups Urge Regulation of Nonbank Financial Institutions

Numerous of these companies, such as payday lenders and encumbered collectors, take aim at further-income customers, and consumer advocates imply they are less regulated than banks.



March 04 2010



U.S. Weighs Requiring Lenders to Consider Changes Before Foreclosures

The suggestion would differ from the tenor practice, which strongly encourages lenders to gauge defaulting borrowers for a modification but does not vamoose it mandatory.